Electricity Costs: India’s Lowest and Most Expensive States, The Global Picture Updated On Fri, Dec 20th, 2024 by Saurenergy A lot of factors influence the per unit electricity costs in a country. The prices are heavily influenced by factors that include the country’s geographical location, geological makeup, level of development and technological advancement, and whether it is a high-, middle-, or low-income nation. The rise of renewable power through the recent decades has also […] Read more
News In Brief Dec 19: RWE’s 10 GW Milestone, Exide Picks Honeywell, Envision’s Storage Win Updated On Thu, Dec 19th, 2024 by Saurenergy RWE Owned, Operated Clean Generation Assets Reaches 10 GW In US RWE, a leading global energy company, has reached significant growth in the U.S. after hitting 10 gigawatts (GW) of installed generation capacity of onshore wind, solar, and energy storage facilities in operation from coast to coast. The company owns and operates a diverse portfolio of more than […] Read more
Regime Change Can Shift US Net-Zero Energy: Wood Mackenzie Updated On Wed, Nov 20th, 2024 by Saurenergy Republican control in the United States (US) will move energy policy away from net zero targets, but President-elect Trump’s full agenda will face political and market opposition according to a Wood Mackenzie analysis. The US is likely in store for lighter standards on emissions regulations, more protectionist trade policies, and removing the US from the […] Read more
Q3 2024: Australia Sees $3.3B New RE Projects, Surpasses 2023 Record Updated On Wed, Nov 13th, 2024 by Saurenergy Australia saw strong renewable energy and storage investment in the third quarter (Q3) of 2024. According to the Clean Energy Council’s latest Quarterly Renewables Report. Australia added 1,405 MW of capacity ($3.3 billion) in new large-scale renewable generation projects during Q3 of 2024, exceeding the total in 2023. Currently, over 40 percent of Australia’s electricity […] Read more
JSW Renewable, China’s SANY Seal Licensing Deal Formally Updated On Wed, Oct 30th, 2024 by Saurenergy JSW Renewable Technologies Two, a subsidiary of JSW Renewable energy, has entered into a technology licensing agreement with Chinese Wind turbine maker SANY Renewable Energy to manufacture wind turbine blades in India for its captive use. The company entered the formal agreement after eight months with the initial announcement made in March 9 this year. […] Read more
Ramakrishna Forgings Invests Rs.12.90 Cr In Green Energy Deal With AMP Energy Updated On Mon, Oct 28th, 2024 by Saurenergy Ramakrishna Forgings, a metal forming company, recently made an investment of Rs. 12.90 crore in the form of equity and debentures in AMP Energy C&I Fifteen. The Kolkata-based company entered into Share Subscription and Shareholders Agreements, along with other relevant agreements, with the AMP Energy subsidiary for the procurement of solar power under a captive […] Read more
81% of RE Additions In 2023 Were Cheaper Than Fossil Fuels: IRENA Updated On Wed, Sep 25th, 2024 by Saurenergy Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels, concludes Renewable Power Generation Costs in 2023, released by the International Renewable Energy Agency (IRENA) at the Global Renewables Summit during the UN General Assembly in New York today. Of the record 473 gigawatts (GW) added in 2023, 81% or 382 GW […] Read more
EIB, Development Bank Of Southern Africa Grant €600 Mn To Private RE Sector Updated On Fri, Sep 13th, 2024 by Saurenergy The European Investment Bank (EIB) and the Development Bank of Southern Africa (DBSA) have further boosted their support for renewable energy projects in the private sector, aiming to increase clean energy generation while supporting new jobs. A € 100 million (ZAR 1.98 billion) loan from the EIB, matched by the DBSA, comes in addition to […] Read more
Ireland Hopes for 1334 MW Of RE Additions After Round 4 of Capacity Auctions Updated On Thu, Sep 12th, 2024 by Saurenergy Provisional results from the fourth round of the Irish Renewable Energy Support Scheme (RESS 4) confirm 1,334 MW of renewable energy bids that meet criteria. Of this, 960MW is solar PV and 374MW onshore wind. The average auction price has come in at €96.85 (£81.73) per MWh, with the generation-weighted average price for solar projects […] Read more
